Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail or Office Space Available Title is generated by Realmo AI

    12040 McDermott Plz, La Vista, NE 68128

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail or office space for lease in booming Southport area.

    Type:Retail, Office
    Added:
    Nov 18, 2025
    Days on Market:
    175
    Last Refresh:
    Mar 17 at 1:19 pm

    Property Features for 12040 McDermott Plz

    General Information

    Standard status
    Active
    Property subtype
    Retail, Office

    Building Details

    Year Built
    2008

    Spaces For Lease

    at 12040 McDermott Plz Contact us

    200 $21 /Mo

    Size
    2,810 SF
    Type
    Retail, Office
    Contact us

    We can help!

    Listing Contact
    Cori Adcock
    Cori Adcock

    Listing agent Cori Adcock License #20110465

    Listing office Lee & Associates - Omaha Nebraska

    Listing date Nov 18, 2025

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Omaha Nebraska

    HighLights

    • Prime location in the booming Southport area.
    • Ample parking available.
    • High visibility due to fully lit intersection at 120th & Giles.
    • Convenient access to I‑80 via the Giles exit.
    • Surrounded by high‑traffic generators: hotels, Nebraska Multi‑sports Complex, Kiewit office, Costco, and Cabelas.
    • Suitable for a variety of users: medical, service, office, and salons.

    Overview

    This property offers an opportunity to lease retail or office space in the Southport area. The space features an open ceiling concept and ample parking. It is suitable for a variety of users, including medical, service, office, and salon businesses. The property is located off the I-80 and Giles exit, at a fully lit intersection at 120th & Giles. The surrounding area includes hotels, the new Nebraska Multi-sports Complex, the new Kiewit office, Costco, and Cabelas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Vista
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.0444
    Latitude
    41.166

    Nearby Similar for Lease

    • $3 SF/Yr

      Stand-Alone Building on 84th Street

      Stand-alone building suitable for medical or retail use on 84th.
      8021 South 84th Street, La Vista, NE 68128
      View Details
    • $19 SF/Yr

      Retail and Office Space Available

      Retail and office spaces ideal for small businesses.
      8146 S 96th St, La Vista, NE 68128
      View Details
    • $21 SF/Yr

      Retail Space Near Sports Complex

      Retail space available near Nebraska Multi-Sport Complex, Costco, and Cabela’s.
      12040 McDermott Plz, La Vista, NE
      View Details
    • $11 SF/Yr

      Flex Space with Warehouse

      Flex space with high-end office finishes and warehouse space.
      10711 Chandler Road, La Vista, NE, 68128
      View Details
    • $17 SF/Yr

      La Vista Retail Space Available

      Retail space for lease in strong neighborhood shopping center.
      9631 Giles Road, La Vista, NE 68128
      View Details
    • $14 SF/Yr

      Retail and Office Space Available

      Retail and office spaces for lease in La Vista, NE.
      7308 Harrison Street, La Vista, NE 68128
      View Details
    • $17 SF/Yr

      Retail Space with Drive-Thru Potential

      Retail space in a dense residential area with drive-thru potential.
      9727-9841 Giles Rd, La Vista, NE
      View Details
    • $16 SF/Yr

      Retail Space in High-Traffic Area

      Retail space available in high-traffic area near La Vista City Centre.
      8013 South 83rd Avenue, La Vista, NE 68128
      View Details
    • $9 SF/Yr

      La Vista Retail/Office Opportunity

      Retail, office, and medical bays available in La Vista.
      8058 84th Street, La Vista, NE 68128
      View Details
    • $24 SF/Yr

      Retail Space in La Vista

      Retail space for lease in La Vista City Centre.
      8219 City Centre Drive, La Vista, NE 68128
      View Details
    • $21 SF/Yr

      Southport Retail or Office Space

      Retail or office space in booming Southport area for lease.
      12040 McDermott Plaza, La Vista, NE 68128
      View Details
    • $8 SF/Yr

      New Warehouse Near I-80

      New warehouse space with 36' ceilings, available 4/1/2026.
      11741 Centennial Road, La Vista, NE 68128
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail or office space for lease in booming Southport area.
    Where is this retail space located?
    The property is located at 12040 McDermott Plz La Vista, NE.
    What are key features of this property?
    This property features: Prime location in the booming Southport area.; Ample parking available.; High visibility due to fully lit intersection at 120th & Giles.
    (402) 871-4506 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Cori Adcock
    Cori Adcock
    Real Estate License ID: 20110465
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12040 McDermott Plz, La Vista, NE 68128
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!